There is also problem with underlying models. There was a study, where they always repest the same investing/management strategy: trust strangers, be open minded/adopt to new unproven ideas, prefer cooperation... Basically they were trained on disney-boomer bull(shit) market of last 15 years.
They have zero guards against market manioulations, and will get wiped without bull market!
They have zero guards against market manioulations, and will get wiped without bull market!